Energy As Bitcoin As Money

[phanpp]

We can convert energy to heat, light and sound. Now for the first time in human history we can convert energy into money. The implications and possibilities of this new discovery is breath taking.

[LiteCoinGuy]

good point. and not only that. but you can convert energy for an immutable entry in the world wide ledger

The 21 Bitcoin Computer is a Gamechanger

Advertised as “the first computer with native hardware and software support for the Bitcoin protocol” the 21.co Bitcoin Computer is the first of its kind and will catalyze a host of unforeseen use-cases for the bitcoin blockchain. The first product from the startup founded by Balaji Srinivasan, CEO and board partner at Andreessen Horowitz, (there are some valuable videos posted at the end of this post that will give context to some of the vision behind this company) 21.co has raised over $116 million dollars, from an impressive array of backers including but not limited to Qualcomm Ventures, Andreessen Horowitz, Data Collective, Khosla Ventures, RRE Ventures, Yuan Capital, Jeff Skoll and Peter Thiel.

https://rywalk.wordpress.com/2015/11/26 ... mechanger/

[CryptAxe]

We can convert energy to heat, light and sound. Now for the first time in human history we can convert energy into money. The implications and possibilities of this new discovery is breath taking.

Have you seen this? https://www.youtube.com/watch?v=Ak-kjz2wkoE pretty interesting idea.

[CryptKeeper]

We can convert energy to heat, light and sound. Now for the first time in human history we can convert energy into money. The implications and possibilities of this new discovery is breath taking.

Have you seen this? https://www.youtube.com/watch?v=Ak-kjz2wkoE pretty interesting idea.

Really interesting idea to get rid of the power supply, but I doubt that this is economically feasible, because the miner would be sitting idle at night.

[stan.distortion]

Have you seen this? https://www.youtube.com/watch?v=Ak-kjz2wkoE pretty interesting idea.

Really interesting idea to get rid of the power supply, but I doubt that this is economically feasible, because the miner would be sitting idle at night.

It would've worked for a while early on but it'd need corporate level funding to work at this stage. I'd suggested it a few years back as a means of offsetting costs so renewables could be harvested in the ideal locations too far off-grid to be feasible and reduce the costs of conventional electricity generation but there are better ways of doing that than mining at this stage. Small scale hydro and obsolete PC hardware for some of the ASIC proof coins would still be feasible though and could also scale up and be worth something as a beowulf cluster.